Uber is now a classic value investment because it is a good company with a good product that has been having serious problems. There’s nothing wrong with Uber’s basic service or business model just its corporate culture.
Now that Khosrowshahi is cleaning that mess up, Uber stands to greatly improve. Buffett called himself “a great admirer of Dara” in a chat with CNBC. The sage of Omaha pointed out that some of the details in the Bloomberg story were wrong.

Uber is changing the face of our cities and the way we get around. It might disrupt far more than that by deploying such technologies as self-driving cars, same-day delivery solutions, new types of auto insurance, and even flying cars.

Despite countless scandals and an incredible amount of controversy, it appears that Uber is here to stay. The size and scope of this company is incredible, and its potential for disruption is vast. The infographic below will show you just how big and how disruptive Uber really is.

Ant Financial is potentially the world’s most valuable Unicorn and the next big IPO. Uber on the other hand end up as just a foot note in the history books or worse a bad joke. The future of Fintech and fantastic amounts of profit might just belong to Ant Financial and China.

One recent development could change everything about ride-hailing; Uber drivers in New York City have unionized. Uber drivers in the Big Apple can now join something called the Independent Drivers Guild; or IDG, which will act as a mediator between the company and drivers, RE/Code reported.

Entering auto insurance would make a lot of sense for Uber because insurance has been one of the barriers blocking drivers from adopting its service. Some communities, like Kansas City, Missouri, have even banned Uber because of inadequate insurance. Offering insurance could remove that barrier and defuse one of the taxi cab industry’s main objection to Uber.

Auto insurance could be a gateway for selling other products, such as disability insurance, bonding, life insurance and health insurance, to networked transportation drivers and others in the gig economy. The potential profits to be made could be enormous; a survey that Edelman Berland conducted for the Freelancers Union found that 53 million Americans, or 34% of the population, are involved in some sort of freelance work.